**Cryptocurrency News**
- Ripple (XRP) is facing strong selling pressure after a pullback from the critical resistance level of $0.65.
- The price has fallen by 23%, breaking the 100- and 200-day moving averages.
- This indicates a possible continuation of the downtrend towards the $0.5 mark.
- The 4-hour chart shows that the $0.65 level remains insurmountable for the bulls.
- Current support is in the range of $0.49-$0.52.